A Democratic congressman who wants to ban members of Congress from trading individual stocks has violated an existing conflicts-of-interest and transparency law by failing to properly disclose a personal stock sale.
New York Rep. Pat Ryan reported selling up to $50,000 worth of private stock shares in OnSolve LLC — an AI technology and emergency alert company in part used by governments — on July 31, 2024.
But Ryan didn’t publicly reveal the sale until last week — more than a year past a federally mandated 45-day deadline for disclosing such stock trades, according to a congressional financial document reviewed by NOTUS.